M&A Deal Summary

StonCor Group Acquires Star Maling og Lakkfabrikk AS

On September 25, 2007, StonCor Group acquired chemicals company Star Maling og Lakkfabrikk AS

Acquisition Highlights
  • This is StonCor Group’s 2nd transaction in the Chemicals sector.
  • This is StonCor Group’s 1st transaction in Norway.

M&A Deal Summary

Date 2007-09-25
Target Star Maling og Lakkfabrikk AS
Sector Chemicals
Buyer(s) StonCor Group
Deal Type Add-on Acquisition

Target

Star Maling og Lakkfabrikk AS

Lier, Norway
Star Maling og Lakkfabrikk AS is a manufacturer and marketer of specialty coatings for industrial and offshore/marine applications in the Scandinavia.

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Buyer(S) 1

Buyer

StonCor Group

Maple Shade,, New Jersey, United States

Category Company
Founded 1922
Sector Chemicals
DESCRIPTION

StonCor Group, Inc. engages in the manufacturing and installing high performance epoxy and urethane floor, wall and lining systems. Stonhard’s seamless, long-wearing and easy to clean flooring systems are engineered to perform in both industrial flooring and commercial flooring environments without sacrificing design and innovative vision.


DEAL STATS #
Overall 3 of 3
Sector (Chemicals) 2 of 2
Type (Add-on Acquisition) 2 of 2
Country (Norway) 1 of 1
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-14 Kemrock Industries & Exports

Vadodara,, India

Kemrock Industries & Exports Ltd.is a fully integrated fiberglass reinforced plastic (FRP) composites manufacturer.Company produces FRP for industrial grating, wind turbine housings and for structural shapes, handrails, ladders, fork lift pallets and related products.

Buy $20M